China-Based Company To Locate Headquarters In Knoxville

URLhttp://www.manufacturing.net/news/2015/08/china-ba
SourceManufacturing.net
Date Published08/25/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Innovate Manufacturing Inc.
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):50
Year reshoring announced:2015
Capital investment ($):4.7
Country(ies) from which reshored:China
City reshored to:Knoxville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredWater Bottles, Kitchen and Pet Products, Tools
What domestic positive factors made reshoring more attractive?Proximity to customers/market, U.S. price of natural gas/chemicals/electricity
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